Absolute Markets Insights (AMI) reports a robust growth forecast for the global digital pathology market during the forecast period (2021 – 2029). In its newly released report, AMI anticipates that the market will grow at 10.1% as growing applications of digital pathology are rapidly leading the market towards growth. AMI reports that the market stood at a valuation of US $ 823.38 Mn in 2020. Digital pathology is defined as the mechanical process of digitizing glass slides. The digital images are analyzed via an image viewer, which is usually a computer monitor or mobile device. Working just like a traditional standard light microscope, an image viewer enables pathologists to move slides around when required. With technological advancements for pathology lab efficiency, workflow, and revenue enhancements, digital pathology offers more accuracy regarding diagnosis. Rapid investments into digital pathology systems and solutions is accelerating the growth of digital pathology market. For instance, in August 2021, Swiss company, Unilabs entered into a partnership with Tel Aviv, Israel-based Ibex Medical Analytics. The purpose of this partnership is to deploy Ibex’s multi-tissue artificial intelligence (AI)-powered Galen platform across 16 European nations.
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According to Absolute Market Insights report, human pathology held the larger market share in the global digital pathology market and this category will remain the fastest growing category during forecast period in the global digital pathology market. In September 2021, Crosscope, an AI software provider in digital pathology collaborated with a high-tech whole slide imaging pathology scanner manufacturer, NINGBO KONFOONG BIOINFORMATION TECH CO.,LTD. (KFBIO). The purpose of this collaboration is to ensure that Crosscope can supply a wide range of Whole Slide Imaging Digital Pathology scanners that have state-of-the-art technology, all over Indian market.
The software category has been segmented into pathology management system, laboratory information system, and others. Due to technological advancements, the expansion of digital slide scanners usage in terms of accuracy and scope is covering several fields of pathology. The use of software is increasing due to increasing role of AI, deep learning systems (DLS), and machine learning (ML) for automated image analysis. The entry of various startups in developing digital pathology software solutions is boosting the segment’s growth in the global market. Pathology management systems include comprehensive digital pathology software solutions such as eSlide managers that are meant to provide efficient management of whole slides and integrated case information. Systems such as GT 450 DX System can increase throughput in high volume clinical pathology labs in order to scale up digital pathology operations. Pathology management systems can manage workflow, and information technology (IT) expertise to integrate digital pathology in the operations of medical institutions. Laboratory information systems can be used to manage good manufacturing practice (GMP)-compliant process flows as well as non-GMP-compliant process flows. Users can track equipment as well as control related activities such as calibration and preventative maintenance. Users can also reduce operational risk and increase compliance. Automated reporting is an important feature of laboratory information systems that allows users to quickly track nonconformances. These systems unify lab environments and support end-to-end business process management (BPM) so that increased compliance and productivity can be delivered.
Some key players in the global digital pathology market are 3DHISTECH Ltd., Apollo Enterprise Imaging Corp., Corista, F. Hoffmann-La Roche Ltd, Hamamatsu Photonics K.K., Halo AP, Huron Technologies International Inc., Indica Labs, Koninklijke Philips N.V., Leica Biosystems Nussloch GmbH, OLYMPUS CORPORATION, OptraSCAN Inc., Proscia Inc., Sectra AB, Visiopharm A/S., and XIFIN Inc., amongst other market participants.
Global Digital Pathology Market:
By Type
- Human
- Veterinary
By Offering
- Software
- Pathology Management System
- Laboratory Information System
- Others
- Hardware
- Diagnostic Scanners
- Laboratory Components
- Histology equipment
- Others
- Support and Technical services
- Others
By Application
- Drug Discovery
- Disease Diagnosis
- Teleconsultation
- Training & Education
- Others
By End Users
- Research Institutions
- Pathology Laboratories
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations
- Academic Medical Centers (Education)
- Clinical Labs
- Geology
- Hospitals
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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